40 Sierra CaminoBallingerTX76821
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ballinger at 40 Sierra Camino, Ballinger, TX, 76821 offers a 2.46% rental yield on a $307,900 purchase with $630/mo rent. 57% in year one. Equity gained on principal adds $1,987/yr while 5% annual appreciation supports $85,067 over five years. Portfolio math shows five-year ROI at 5.75% and total cumulative return in cash at $5,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $630/mo property income against a $1,507/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
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Listed by: Kristi Brundige • Big Country Realty
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #125194
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